Retailers (XRT -1.5%) are the weakest sector in early trading after many companies cut guidance...

Retailers (XRT-1.5%) are the weakest sector in early trading after many companies cut guidance following disappointing holiday sales figures, as the highly promotional environment weighs on margins. JCP-6.5%, TGT-3.7% and PLCE-10% are among stores cutting their Q4 outlooks (I, II, III). Also lower: COST-1.8%, GPS-5.7%. But ROST+2.7% after raising guidance.